Hoa Phat Group JSC (HPG VN Equity/ Trading Buy) - Near-Term Margin Upside on the Table
Following the robust Oct-2024 sales update, we revise our volume estimates by 5–7% for FY24–25F. We also incorporate recent raw material pullbacks.
284 Views
HPG VN - Domestic Demand & Capacity Expansion to Drive 2025F Growth
Our higher TP is driven by (1) rolling our TP forward to end-2025 and (2) 4%/2%/3%/3%/3% higher 2025/26/27/28/29F NPAT-MI projections, outweighing...
186 Views
The Week That Was in ASEAN@Smartkarma - Indosat's AI, MAPI's Expansion, and BliBli's Omnichannel
The past week saw insight on Indosat (ISAT IJ), Mitra Adiperkasa (MAPI IJ), Global Digital Niaga Tbk PT (BELI IJ), Singapore Post (SPOST SP), and...
266 Views
MarketVector Vietnam Local Index Rebalance: One Add, Float & Capping Changes
Saigon Vrg Investment will be added to the index at the close 20 December. Estimated one-way turnover is 5.1% and that results in a one-way trade...
297 Views
Construction Sector - Industrial, Infrastructure Projects Leading Sector Recovery
Vietnam’s construction sector is comprised of three main segments – residential, industrial & commercial, and infrastructure.
152 Views